Abca Topco Limited
Registered name: ABCA TOPCO LIMITED
Part of Vulcan1 Topco Ltd groupAbca Topco Limited made £65.2m revenue and a £1.1m loss in the year to 30 Sep 2025.
Abca Topco Limited’s revenue grew 57% to £65.2m in the year to 30 Sep 2025, with a loss of £1.1m. The company is classified under “activities of other holding companies” and is based in Newcastle Upon Tyne; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Newcastle Upon Tyne, North East
- Age
- 5 yrs · since 2021
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Sep 2022 | 30 Sep 2023 | 30 Sep 2024 | 30 Sep 2025 |
|---|---|---|---|---|
| Disclosure | Profit only | Profit only | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | — | £41.6m | £65.2m |
| Cost of sales | £20.8m | £25.5m | £24.6m | −£36.8m |
| Gross profit | — | — | £17m | £28.4m |
| Operating profit | — | — | £3.2m | £2.4m |
| Profit before tax | — | — | £594k | £213k |
| Profit after tax | £776k | −£588k | −£1.1m | −£1.1m |
| Profit (best available) | £776k | −£588k | −£1.1m | −£1.1m |
| Staff costs | £9.7m | £9.8m | £11.7m | — |
| Employees (average) | 244 | 233 | 267 | — |
| Ratios | ||||
| Profit margin | — | — | −2.6% | −1.7% |
| Gross margin | — | — | 40.9% | 43.5% |
| Revenue per employee | — | — | £156k | — |
| Profit per employee | £3.2k | −£2.5k | −£4.1k | — |
| Cash conversion | — | — | −160.5% | — |
| Growth (year on year) | ||||
| Revenue growth | — | — | — | ▲56.7% |
| Profit growth | — | ▼175.8% | — | — |
| Headcount growth | — | ▼4.5% | ▲14.6% | — |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £129k | £3.3m | £9 | — |
| Net assets | £495k | −£92.9k | −£1.2m | — |
| Fixed assets | £325k | £293k | £429k | — |
| Current assets | — | £16.6m | £17.4m | — |
| Debtors | £0 | £0 | £0 | — |
| Deferred income | £7.5k | £0 | £13.7k | — |
| Cash from operations | −£383k | −£4.3m | −£5.1m | — |
| Source | FullAccounts · bulk data Jan 2024 | FullAccounts · bulk data Jan 2024 | FullAccounts · bulk data May 2025 | Accounts · bulk data Jun 2026 |
How the business works
- Profit margin
- −1.7%
- Profit ÷ revenue.
- Gross margin
- 43.5%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- —
- Now —
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Vulcan1 Topco Ltdultimate parent75–100%
- Vulcan1 Midco Ltd75–100%
- Vulcan1 Bidco Ltd75–100%
- Abca Topco Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Abca Bidco LimitedRev. — · Profit −£1.5m
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 30 Sep 2025 (profit −£1.1m), from the Companies House accounts bulk data published Jun 2026. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.